Germany is the world's largest automotive electronics market, and the automotive industry is expected to drive demand for chips in Europe. In order to avoid falling into the dilemma of chip shortages again, even the automobile industry is now investing in its own production capacity.
To avoid electronics supply-chain disruptions, you may also wish to consult an expert in electronics component supply. With more than three decades of supply-chain expertise, Astute Electronics is ideally placed to work with you on your daily component requirements.
The global PCB market is expected to contract by 5.2% in 2023, but the automotive PCB market is bucking the trend and is projected to grow by 14%. This growth is being driven by the increasing adoption of electric vehicles (EVs) and the rising popularity of autonomous driving technology.
Automotive suppliers face down another difficult year as industry macro conditions remain volatile and growing electric vehicle (EV) volumes add significant operational complexity, reports consultants Alvarez & Marsal (A&M).
Demand for automotive chips is skyrocketing as vehicle technology becomes more sophisticated - says Mckinsey's new report.
ASE (Advanced Semiconductor Engineering) are among those have secured orders for automotive MCU back-end outsourcing for the next two quarters from international IDM (Integrated device manufacturer) companies, according to sources. Examples of IDMs are Intel, Samsung, and Texas Instruments.
The global automotive electronics market size is estimated to reach $382.16 billion by 2026, says a new report. Emerging advancements of IoT and AI, rapid adoption of automated features in automobiles and demand for in-vehicle safety features fuels the growth of...
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